Ocala Heart Institute Foundation Inc
- Assets
- $7.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Leesburg, FL
- Founding
- 05/1990
- Data as of
- 12/2019
- EIN
- 59-2992536
Organization Overview
Ocala Heart Institute Foundation Inc is located in Leesburg, FL. The organization was established in 1990. According to its NTEE Classification (G43) the organization is classified as: Heart & Circulatory System Diseases & Disorders, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ocala Heart Institute Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, Ocala Heart Institute Foundation Inc generated $9.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (26.6%) each year. All expenses for the organization totaled $9.8k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (22.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
TO PROVIDE SUPPORT FOR RESEARCH, EDUCATION AND CHARITABLE NEEDS IN THE FIELD OF MEDICINE AND FINANCIAL SUPPORT FOR THE CARE OF INDIGENT PERSONS WITH ACCUTE AND CHRONIC MEDICAL AND HUMANITARIAN NEEDS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
R Duane Cook MD President | 1 | $0 | |
Robert J Richardson MD Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,080 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,080 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $201 |
| Total expenses | $9,801 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,528 |
| Other assets | $0 |
| Total assets | $7,528 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,528 |